Garment industry employers and unions have met Labour Ministry officials to discuss measures to reduce the use of short-term work contracts in the sector. The meeting on Tuesday came after Cambodian Prime Minister Hun Sen last month called on garment factory owners to reduce the use of short-term contracts, which he said threatened the health […]
Read MoreThe Cambodian General Secretariat of National Council for Sustainable Development (NCSD) signed a memorandum of understanding (MoU) yesterday with the South Korea-based organisation ASEIC in an effort to promote sustainable industrial development in Cambodia. The MoU signing ceremony was held in Phnom Penh and inked between Tin Ponlok, secretary-general of NCSD, and Sejong Kim, vice […]
Read MoreThe Cambodian government will eliminate its export management fee in 2018, incurring an annual loss of $20 million in revenue, in order to stimulate the economy and reduce the cost of doing business in the Kingdom, according to the draft of the 2018 national budget. The elimination of the fee is expected to encourage investors […]
Read MoreThai cement manufacturer Siam Cement Group (SCG) has seen total sales revenue in Cambodia reach $254 million during the first nine months of the year, according to a company press release yesterday. Sales revenue for the third quarter in the Kingdom had amounted to $84 million, which is comparable to last year’s revenue in the […]
Read MoreThe Phnom Penh Autonomous Port (PPAP) announced yesterday that it recently signed a memorandum of understanding (MoU) with contractor KTC International in an effort to establish future cooperation between the two entities, according to a filing on the Cambodia Stock Exchange (CSX). As part of the MoU, the two parties will conduct a feasibility study […]
Read MoreWith the General Department of Taxation (GDT) recently introducing transfer pricing rules that aim to shore up the Kingdom’s tax base and align regulations with international standards, The Post’s Kali Kotoski spoke with Brendan Lalor, director of tax and advisory services at Ernst & Young, about how the new laws will impact businesses. Can you broadly […]
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